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How to save Kisan Credit Cards from becoming an easy tool for money laundering -Sanganagouda Dhawalgi

-Financial Express Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Rajan’s caution be that as it may, one thing is certain that today KCC has become a tool in the hands of several...

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Agriculture sector not responsible for discoms' health, declining groundwater: study -Kundan Pandey

-Down to Earth While power Consumption in agriculture is overestimated, a number of factors influence groundwater extraction. A new study done by Pune-based non-profit Prayas shows that India’s agriculture sector cannot be held responsible for financial stress on electricity distribution companies (discoms) and for declining groundwater. The study titled, Understanding the Electricity, Water & Agriculture Linkages, argues that not only is the subsidy given to agriculture in India overestimated, the relation between subsidy...

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Support for lives on the move -Arun Kumar & M Suresh Babu

-The Hindu A national policy for internal migration is needed to improve earnings and enable an exit from poverty Though migration is expected to enhance Consumption and lift families out of absolute poverty at the origin, it is not free from distress — distress due to unemployment or underemployment in agriculture, natural calamities, and input/output market imperfections. Internal migration can be driven by push and/or pull factors. In India, over the recent...

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Maharashtra declares a 'drought-like situation' in 180 tehsils -Abhiram Ghadyalpatil

-Livemint.com A government report says nearly 11,500 of Maharashtra’s 40,000 villages face water scarcity due to a combination of less than normal rainfall and consequent exploitation of groundwater Mumbai: The Maharashtra government on Tuesday declared a ‘drought-like situation’ in 180 tehsils , more than half the 353 of these administrative units in the state, in an acknowledgement of looming agrarian distress. Chief minister Devendra Fadnavis said after a cabinet meeting that his government...

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Diabetic due to poverty -Maitri Porecha

-The Hindu Business Line How malnourished tribal adults come to have the ‘rich man’s disease’ About 50 km from Bilaspur town, a narrow road to the left leads to the Achanakmar Tiger Reserve in neighbouring Lormi district of Chhattisgarh. The Reserve is also home to 13,568 tribals in 40 hamlets inside the protected area. As one ventures deeper into the jungles, paintings across walls of tribals’ homes hailing Chief Minister Raman Singh’s benevolence...

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